ITSHAPPENING AS

0190 OSLO

Finances

Share Ownership

Return on Equity

14,77 %

Current Ratio

1,58

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 528 000	3 954 000	1 874 000	3 459 000
Net Income	79 000	419 000	11 000	−192 000
Total Assets	1 465 000	1 406 000	375 000	307 000
Total Equity	535 000	457 000	38 000	26 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 528 000	3 954 000	1 874 000	3 459 000
Expenditure	5 427 000	3 473 000	1 864 000	3 651 000
Operating Profit	101 000	482 000	10 000	−192 000
Financial Income	1 000	1 000	1 000	3 000
Financial Costs	0	0	0	3 000
Financial Balance	1 000	1 000	1 000	0
Earnings Before Tax	102 000	482 000	11 000	−192 000
Tax	23 000	64 000	0	0
Net Income	79 000	419 000	11 000	−192 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	7 000	17 000
Total Current Assets	1 465 000	1 406 000	368 000	291 000
Total Assets	1 465 000	1 406 000	375 000	307 000
Total Retained Equity	505 000	427 000	8 000	−4 000
Total Equity	535 000	457 000	38 000	26 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	930 000	950 000	337 000	281 000
Total Equity and Debt	1 465 000	1 406 000	375 000	307 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	5 528 000	3 954 000	1 854 000	3 373 000
Other Income	0	0	20 000	87 000
Revenue	5 528 000	3 954 000	1 874 000	3 459 000
Cost of Goods Sold	2 643 000	1 747 000	905 000	1 834 000
Salary Costs	2 307 000	1 349 000	707 000	1 473 000
Depreciation	0	7 000	10 000	13 000
Impairment	0	0	0	0
Expenditure	5 427 000	3 473 000	1 864 000	3 651 000
Operating Profit	101 000	482 000	10 000	−192 000
Financial Income	1 000	1 000	1 000	3 000
Financial Costs	0	0	0	3 000
Financial Balance	1 000	1 000	1 000	0
Dividends	0	0	0	0
Net Income	79 000	419 000	11 000	−192 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	7 000	14 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	3 000
Total Tangible Assets	0	0	0	3 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	7 000	17 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 038 000	387 000	367 000	250 000
Total Current Assets	1 465 000	1 406 000	368 000	291 000
Total Assets	1 465 000	1 406 000	375 000	307 000
Total Equity	535 000	457 000	38 000	26 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	206 000	39 000	15 000	75 000
Unpaid Taxes	376 000	492 000	30 000	60 000
Dividends	0	0	0	0
Other Current Debt	325 000	355 000	292 000	146 000
Total Current Debt	930 000	950 000	337 000	281 000
Total Equity and Debt	1 465 000	1 406 000	375 000	307 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,77 %	91,68 %	28,95 %	−738,46 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,83 %	12,19 %	0,53 %	−5,55 %
Current Ratio	1,58	1,48	1,09	1,04
Quick Ratio	1,58	1,48	1,09	1,04
Equity Ratio	0,37	0,33	0,1	0,08
Gross Profit Margin	52,19 %	55,82 %	51,71 %	46,98 %